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New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies.
(Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic ...
President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024, in Washington, D.C. (Win McNamee ...
The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May.. The tariff rate will go up to 100% on electric ...
The tariff increases will be phased in over a period of three years. [242] September 13: The Biden administration finalized the increases of tariffs on Chinese exports. Tariffs increased to 100% on electric vehicles, 50% on solar cells and 25% on electric vehicle batteries, critical minerals, steel, and aluminum.
In revising the so-called "Section 301 tariffs," the Biden administration h. ... In 2022, Biden launched a review of the Trump-era policy under Section 301 of the U.S. trade law. Last month, he ...
That move could raise the tariff rate to roughly 100% from its current level of 25%. President Joe Biden gestures Thursday as he makes his way to board Air Force One before heading to the West ...
(Reuters) -U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products.